Legal Question in Credit and Debt Law in India

can a defaulter sue the bank if he/she is hospitalised due to mental stress as a result of bank harrassment


Asked on 3/23/10, 10:12 pm

1 Answer from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Yes, there is a well recognized principle of "lender's liability" as laid down by the Hon'ble Supreme Court in Mardia Chemicals Case.

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Answered on 3/23/10, 10:52 pm


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